COSTA CONCORDIA HULK OUT FOR BID

TUSCANY, ITALY – Italian oil service company Saipem has bid for the job of scrapping the hulk of the Costa Concordia cruise liner, which capsized off the Tuscany coast more than two years ago, a source close to the matter said on Thursday.

An Italian junior minister said last year that demolishing the ship would cost around 350 million euros ($475 million).

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